Oyo shelves IPO attempt for third time over SoftBank concerns: ReportSoftBank has reportedly opposed the proposed timing of Oyo’s IPO, urging the company to postpone the listing until its financial performanc...
02 May, 2025, 03.48 PM IST
Oyo speeds up IPO plans as founder’s debt repayment date loomsOyo Hotels is accelerating its IPO plans as a significant debt repayment deadline looms. Creditors demand founder Ritesh Agarwal settle $38...
04 Mar, 2025, 11.53 AM IST
Hospitality startup Oyo readying to file IPO papers in first quarterAfter two previously shelved attempts, the hospitality company Oyo is reviving its initial public offering (IPO) plans, aiming to file draf...
20 Jan, 2025, 10.45 AM IST
SoftBank's Sumer Juneja to join Oyo boardSumer Juneja will join Oravel Stays Ltd as non-executive director, pending EGM approval, representing SoftBank Vision Fund. OYO, backed by ...
14 Jul, 2024, 04.32 PM IST
Oyo withdraws IPO application, opts for private funding at 70% valuation cutHospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
22 May, 2024, 08.00 PM IST
Oyo may back out of IPO plan, opt for private raiseIn a response to emailed queries by ET, Oyo said the information is inaccurate. Oyo’s first public offer filing was returned by the markets...
14 Feb, 2024, 05.29 PM IST
Oyo talking to Apollo for $660 million refinance as IPO delayedOravel Stays Pvt, as Oyo’s parent company is known, is seeking to extend maturity to five years compared with the existing 2026 deadline, o...
05 Oct, 2023, 07.13 PM IST
SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwindsIn the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it ...
27 Mar, 2023, 03.10 PM IST
SoftBank cuts Oyo’s valuation to $2.7 billion ahead of planned IPOThe Japanese investor’s latest valuation of Oyo – as of June quarter – is based on comparison to similar firms in the public markets, peopl...
22 Sep, 2022, 10.19 PM IST
SoftBank-backed Oyo seeks to resurrect IPO after growth resumesOyo and founder Ritesh Agarwal are trying to pull off a successful IPO after a series of setbacks in their efforts to change the hotel and ...
19 Sep, 2022, 11.12 AM IST
Oyo said to shelve plans for IPO in 2022The Gurgaon-headquartered company, which filed preliminary IPO documents last year, is seeking regulatory permission to update its draft pr...
24 May, 2022, 07.19 PM IST
SoftBank-backed Oyo said to weigh 50% smaller IPO as markets sagFaced with headwinds including slumping stock markets, Oyo-operator Oravel Stays Ltd. could clip its Indian IPO from the nearly $1 billion ...
17 Mar, 2022, 05.40 PM IST
Oyo may reduce IPO size, valuation may be readjusted tooThe IPO issue size is expected to be much lower than $1 billion, these people said, while in its draft IPO papers with the markets regulato...
10 Feb, 2022, 11.38 AM IST
Oyo is said to target $9-billion valuation in IPOThe valuation Oyo is targeting would be lower than the $12 billion initially reported last year and probably lower than the $10 billion lev...
17 Jan, 2022, 07.59 PM IST
Oyo IPO may leave early investors earning returns of up to 770%Oyo’s early investors such as Lightspeed Ventures and Sequoia, along with recent ones like Airbnb, Microsoft, Hindustan Media Ventures, and...
23 Dec, 2021, 02.06 PM IST
Oyo joins startup IPO rush to raise $1.2 billion, seeks Sebi nodSoftBank, founder Ritesh Agarwal to remain promoters after public offering; More than 90% of OFS is from the Japanese investor; Company rev...
01 Oct, 2021, 11.00 PM IST
Oyo said to file for $1.2-billion IPO next weekOyo is looking to list in Mumbai and its IPO is tentatively pegged at between $1 billion and $1.2 billion. It will consist of a fresh issue...
23 Sep, 2021, 10.12 AM IST